0
General

Turk Telekom revenue up 10% to TRY 5 bln in Q2

Thursday 26 July 2018 | 16:15 CET | News
Turk Telekom's revenue grew 10 percent year-on-year to TRY 5.0 billion in Q2. Excluding IFRIC 12 revenue, growth was at 10.5 percent year-on-year, in line with company expectations. EBITDA increased 15 percent to TRY 2.0 billion, with an EBITDA margin of 40 percent. The number of total subscribers grew 937,000 in Q2 to 43.5 million, the best second quarter performance in10 years. Annual growth in the subscriber base accelerated from 3 percent in Q2 2017 to 10 percent in Q2 2018, the highest growth rate since 2008.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Turk Telekom
Countries: Turkey
::: add a comment
This article is part of dossier

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Turk Telekom lifts FY guidance after 19% revenue growth in Q3

Published 07 Nov 2018 09:25 CET | Turkey
Turk Telekom saw its revenue increase by 19 percent year-on-year to TRY 5.4 billion, the highest topline growth since the ...

Turk Telekom may be sold to China's Tatwah Smartech - report

Published 03 Oct 2018 10:59 CET | Turkey
China's Tatwah Smartech is among the firms that are in talks to buy a special purpose vehicle that was formed to own a majority ...

Turk Telekom picks Subex's ROC Revenue Assurance v6

Published 21 Aug 2018 16:02 CET | Turkey
Telecom software provider Subex was awarded a new contract with Turk Telekom via its local partner and systems integrator Gantek ...

Last week in telecoms: Q2 earnings and Spanish 5G auction drive up share prices

Published 30 Jul 2018 09:03 CET | Europe
Last week's earnings reports were generally well received. Our European telecoms index rose 2.4 percent, versus a gain of 1.9 ...

Turk Telekom revenues up 9% to TRY 4.7 bln in Q1

Published 27 Apr 2018 18:00 CET | Turkey
Turk Telekom reported consolidated revenues up 8.8 percent year-on-year to TRY 4.7 billion in Q1. Excluding IFRIC 12 revenue, ...